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GSH Corp in the black with Q2 profit of S$71.7m, helped by disposal gain

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Published Fri, Aug 4, 2017 · 09:50 PM

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    GSH Corporation

    Singapore

    MAINBOARD-listed GSH Corporation saw its net profit soar to S$71.7 million in the second quarter - a reversal from a net loss of S$3.2 million in the previous year.

    This was largely due to a disposal gain of S$74.9 million from the sale of the entire investment in Plaza Ventures, the group said in a Singapore Exchange filing on Friday evening.

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